Investments are set to flow back into China as tech giants avoid U.S. delisting, government pledges policy support, says investment manager
Chinese e-commerce giant Alibaba was one of the 100 over companies that had faced the risk of delisting in the U.S. in 2024 if their audit information was not made available to PCAOB inspectors. Budrul Chukrut | Sopa Images | Lightrocket | Getty Images Investors could regain the confidence to put their money in Chinese tech stocks as these companies avoid delisting from U.S. stock exchanges and the Chinese government pledges policy support , according to one invest ment manager . Last week, U.S. accounting watchdog the Public Company Accounting Oversight Board said it gained full access to inspect and invest igate Chinese companies for the first time, after China finally granted the U.S. access in August. related investing news Is China set for a rebound in 2023? Wall Street pros weigh in — and reveal how to trade it Zavier Ong a day ago More than 100 Chinese tech companies such as Alibaba , Baidu and JD.com had faced the risk of delisting in the U.S. in 2024 if their audit info...